Black Friday is a fantastic chance for businesses to optimize earnings, with small businesses expecting a +107 percent sales gain over the world's most renowned retail holiday.
By using the most exemplary Black Friday marketing ideas and executing strategic campaigns, you can guarantee that your company stands out this holiday season, increasing both offline and online sales and recruiting new, loyal consumers.
What does the term "Black Friday" mean?
Black Friday is widely regarded as the unofficial start of the Christmas shopping season, having been named the most critical shopping day of the year in 2000, with companies worldwide offering discounts and savings.
It occurs the first Friday after Thanksgiving. In 2021, this will fall on Friday, November 26th.
Cyber Monday was initiated to the holiday calendar way back in 2005. This day was conceptualized to complement Black Friday by promoting online shopping with discounts and bargains available exclusively online. Nowadays, Black Friday and Cyber Monday combine to provide a whole weekend of discounts, driving both foot and digital traffic.
Below are some Black Friday marketing strategies to boost your sales!
Conduct a Website Load Test
Always anticipating the unexpected is one of the fundamental laws of business (and life). While having enough traffic to your site to cause it to crash may seem like an unachievable (and perhaps desirable) goal for some, preparing for a possible increase in traffic is a vital component of a successful Black Friday marketing campaign.
To do so, contact your web hosting provider and discuss your store's traffic constraints. While many servers should absorb higher traffic without upgrading, it's a good idea to review historical statistics to plan for the worst-case situation.
If you need to update, find out how long it will take to be up and running since there is no purpose in doing so if it will not be available when you need it. You may assess the performance of your page using the free Google tool PageSpeed Insights; just input your to see how your site compares.
Send Customized Black Friday Promotional Email
Create email marketing campaigns targeting visitors to your business on Black Friday, using the data you gathered to include relevant product suggestions that stimulate interaction and a possible purchase.
In comparison to a generic newsletter devoid of customized aspects, we've seen personalized newsletters increase conversion rates by an average of 20%, encouraging visitors to return and purchase a Christmas or Valentine's Day gift for their loved one - this time at a total price – from your company.
Include a countdown timer to compel quick action. Customers may be notoriously irascible. They often prefer to compare your items to those of your rivals before pressing the buy button. This is confirmed by a comparative price study, which revealed that 94% of online customers spend time locating the best deal, with 36% spending an extra 30+ minutes comparison browsing before making a purchase. By putting a countdown timer in your promos, you assist your buyers in making an instant decision, therefore closing the deal promptly.
Create excitement by holding a Flash Sale
A flash sale is a promotion that occurs for a brief period. It's an exciting method to generate buzz and increase sales before Black Friday and Cyber Monday.
It might be a few hours or a day or two before the anticipated occurrence. A test on a flash sale resulted in a 51 percent increase in traffic, a 50% increase in conversion rate, and a stunning 236 percent gain in revenue. Flash sales may be complex. Therefore you should thoroughly define your parameters and circumstances before pursuing this strategy.
Adopt the strategies mentioned above and techniques to guarantee your brand generates the most money possible throughout the Black Friday festive season with these incredible holiday marketing ideas.